National Property InspectionsFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A National Property Inspections franchise requires a total initial investment of $41K – $55K, including a $35K franchise fee and an ongoing 8.0% royalty[2]. Per the 2025 FDD, average unit revenue was $122K[2]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $41K – $55K
- 22nd pct Real Estate
- Avg gross sales
- $122K
- 3rd pct Real Estate
- Royalty
- 8.0%
- 43rd pct Real Estate
- Units
- 194
- 56th pct Real Estate
- SBA default
- 22.2%
- system-wide median varies by category
Quick verdict · Real Estate · color = vs category peers
Green = >15% above Real Estate avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Franchising since 1987. Systems this mature have refined operations and brand recognition.
Franchised units fell from 209 to 194 over 3 years. Investigate why operators are leaving.
Bottom line
- Total investment $41K – $55K including a $35K franchise fee, 8.0% ongoing royalty.
- Average unit revenue of $122K/year (median $86K).
- Verdict A (Top Quintile) with a risk score of 49/100.
- System contracting at -9.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- NATIONAL PROPERTY INSPECTIONS, INC.
- Parent company
- NPI Holdings Ltd.
- Incorporated in
- NE
- HQ
- 9375 Burt Street, Suite 201, Omaha, Nebraska 68114
- Auditor
- AGSN
- Audited financials
- Franchisor revenue
- $4.3M
- vs $3.7M prior year
Overview
About
Franchisees conduct residential and commercial property inspections for home buyers, sellers, and real estate agents. Daily operations include scheduling inspections, conducting on-site evaluations using specialized equipment, documenting findings, and generating detailed reports. Most revenue derives from inspection fees ($300-$600 per inspection) with potential ancillary services like radon testing or mold assessments.
- CEO
- Karen Yolevski
- Headquarters
- NE
- Founded
- 1987
- FDD year
- 2025
- States available
- 43
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $1K | $3K |
| Equipment, build-out, other | $5K | $17K |
| Total initial investment | $41K | $55K |
Source: National Property Inspections 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$16K
13.0% margin
Unlevered ROIC
32%
EBITDA / total invested capital
Payback
3.1 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $41K – $55K
- Better than avg vs category
- Liquid capital req'd
- $1K – $3K
- Better than avg vs category
- Franchise fee
- $28K – $35K
- Better than avg vs category
- Royalty
- 8.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 8.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $600 |
| Transfer fee | $5K |
| Total fee load | 10.0% of rev |
Financial Performance
- Avg gross sales
- $122K
- Per unit, per year
- Median gross sales
- $86K
- Item 19 type
- gross_sales
- Sample size
- 152 units
- vs category median 41 · large
- Range (low → high)
- $10K→$1.0M
- Cohort dispersion (min → max)
- Transparency
- 4 / 5
- vs category median 0 / 5 · above
Compared against 121 Real Estate brands
vs Real Estate averages
How National Property Inspections Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 194
- Opened
- 5
- Last reporting year
- Closed
- 14
- Turnover rate
- 7.2%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -4.4%
- Net unit change last year
- 3-yr CAGR
- -9.3%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 7
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 44 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 9 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 9
- Loan volume
- $1.1M
- Median loan
- $75K
- 50th percentile
- Charge-off rate
- 22.2%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 71.4%
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 7
- Defaults
- 2
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into National Property Inspections's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 7 lenders with concentration factor
- Per-state charge-off rates across 8 states
- Startup risk premium and job creation velocity
- 8-year lending trend
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Shrinking franchise system with undisclosed profitability, fixed-fee royalty structure, and corporate going concern issues present material risk to $41k-$55k investment.
Audited financials (Item 21)
Yes · AGSN
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 49 / 100 rating
- 01MINORUnit count declining 4.4% YoY (194 units) suggests system contraction and market saturation concerns
- 02MEDNet income not disclosed in Item 19 — inability to validate true profitability against $41k-$55k investment
- 03MINORRoyalty structure with $300-$500 minimum monthly creates fixed cost floor regardless of revenue performance
- 04MINORAverage revenue of $122k against 8% royalty ($9,786/yr) plus minimum fees ($3,600-$6,000/yr) leaves thin margin for expenses
- 05HIGHGoing Concern indicator is False — potential financial instability at corporate level affecting franchisee support
- 06HIGHNo litigation disclosed but declining unit base suggests possible franchisor-franchisee disputes or operational issues
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 1 |
| Territory type | Geographic |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Nebraska |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- Classroom training
- 120 hrs
- On-the-job training
- 40 hrs
- POS system
- Horizon
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Horizon
Item 20 · call current owners
Franchisee Contacts
200 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
National Property Inspections · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a National Property Inspections franchise?
The total investment to open a National Property Inspections franchise ranges from $41K – $55K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do National Property Inspections franchise owners earn?
According to Item 19 of the National Property Inspections FDD, the average gross sales per unit is $122K. The median is $86K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is National Property Inspections's franchise failure rate?
SBA 7(a) loan charge-off data is not available for National Property Inspections (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many National Property Inspections franchise locations are there?
As of their most recent FDD filing, National Property Inspections has 194 total units in the United States, including 209 franchised units and 0 company-owned units. 5 new units were opened in the latest reporting year.
Is National Property Inspections a good franchise to buy?
FranchiseVerdict rates National Property Inspections as a A-grade franchise with a risk score of 49 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.